Property Details

Prime Development Site with Existing Office Block - Develop, Hold or Invest

For Sale - Expressions of interest invited

Size: 96m²

199 Rose Avenue is the ideal commercial investment offering a diverse framework and excellent potential to maximise the site returns.
The dwelling to the rear has been fully refurbished to an exceptionally high standard, offering 96m2 of gross lettable area. Incorporating 3 generous offices/consulting rooms, disable access bathrooms, large kitchen and boardroom and with modern touches including back to base alarm system, integrated data and cat 5 cabling, separate reverse cycle air conditioners and fully equipeed stainless appliances in the kitchen / staff room.
Expected returns of $33,600 per annum (+gst) provide the buyer with the potential for instant returns on a quality office / consulting space.
Front of the lot offers a vacant parcel with excellent frontage to the Pacific Highway. The value on this block is by way of a fully council approved multi-level office block and the flexibility to strata subdivide the land as per DA 0204/16. Build and enjoy the returns from both properties, sell one or both lots and turn a profit the choice is yours. Rose Avenue is proving to be a commercial hot spot due to its prominent location, excellent exposure and easy access. Express your interest now to secure this unique and sought after property.
Contact Matt OGarey from Nolan Partners Commercial Division for more infomration - matt@nolanpartners.com.au / 02 66500 655 / 0423 790 525

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.